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Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Galaxy on October 09, 2020, 02:11:05 PM

Title: Coinbase Loses 5% of Workforce Over Political Speech Ban
Post by: Galaxy on October 09, 2020, 02:11:05 PM
Coinbase CEO Brian Armstrong today announced that 5% of employees have opted for an exit package following the firm's new apolitical mission stance.
Coinbase CEO Brian Armstrong today announced that 5% of employees, or 60 of the 1,200 who work for the San Francisco-based exchange, opted for an exit package after he said last week that the firm’s employees should separate politics from work.

More still may leave as the company wraps up discussions with some employees.

In a Coinbase blog post today—the contents of which were emailed to employees earlier in the day—Armstrong said he “could have done a better job bringing the Operating Group and managers along on this clarification of our culture so everyone was prepared before it went out to a wider group.”
Info link: https://decrypt.co/44387/coinbase-loses-5-percent-staff-over-political-speech-ban